Report Id: SNS/C&M/1450 | May 2022 | Region: Global | 125 Pages
Global 3D Printing Elastomers Market is evaluated to be worth USD 343.89 million in 2022 and USD 2.60 billion by 2030, with a CAGR of 28.8% from 2023 to 2030. 3D printing is a manufacturing technology that uses a digital file to create three-dimensional objects. The additive processes of sequential layers of material are employed in 3D printing to construct items. Because of its high precision and resource efficiency. In addition, 3D printing solutions such as resin 3d printers, 3d printer filament, and 3D printing services have gained appeal in a range of industries for the creation of bespoke objects. 3D printing was previously solely utilised for rapid prototyping. 3D printing is increasingly being used for functional testing of prototypes in working environments as well as the fabrication of finished goods as technology progresses and applications grow.
In the car business, 3D printing is revolutionising the manufacturing process. The advancement of technology has enabled the construction industry to produce more complex and lighter structures at lower costs. 3D-printed parts are used in a lot of Formula 1, supercars, and concept cars. BMW, for example, is working with leading 3D printing businesses such as EOS GmbH Electro Optical Systems and Carbon to produce 3D-printed commercial vehicle parts.
Although 3D printing is a more efficient way of producing products, it is expensive due to the high cost of materials, which is a major market constraint. The higher pure and structure attribute for 3D printing have resulted in these high prices. Elastomer materials for 3D printing typically cost between USD 250.0 and USD 500.0 per liter, making them prohibitively expensive to use in most applications because the final product cost is high when compared to other products on the market.
Although 3D printing technology has been around for 30 years, the availability of home 3D printers has caused a surge in interest. These home printers are inexpensive, which is driving up demand for 3D printers at home, resulting in rapid growth in the 3D printing elastomers market. These printers are currently available in homes, workplaces, computer stores, and shopping malls, allowing users to make low-cost products in a relatively short amount of time. As a result, the market for 3D printing elastomers benefits from the growing popularity of 3D printing technology in home printing.
The high cost of 3D printing elastomeric materials has been a major source of concern in the market's development. There are numerous applications for 3D printing elastomers that have been identified, but they are limited by their high costs. For all researchers and significant manufacturers, developing low-cost solutions for manufacturing 3D printing elastomers is a serious challenge. Due to their high cost, 3D printing materials are exclusively used in high-end and luxury vehicles.
IMPACT OF COVID-19:
COVID-19 is an unprecedented global public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence industry growth during the forecast period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The updated study considers the impact of COVID-19 on the market and provides insights, analysis, projections, and forecasts.
By Key Players:
Carbon Inc, Formlabs, BASF SE, 3D Systems Inc, Stratasys Ltd, Proto Labs Inc, Henkel, Materialise NV, EOS, Dow Chemical Compan, Evonik Industries AG, Arkema SA, Sinterit, The Lubrizol Corporation, ExOne, Zortrax, HP Development Company, L.P., LANXESS, Voxeljet AG, Impossible Objects and EnvisionTEC are some of the leading players in the 3D printing elastomers market.
TPE (Thermoplastic Elastomer)
SBR ( Styrene-Butadiene Rubber) & SBS (Styrene-Butadiene Styrene)
Education and research
The Global 3D Printing Elastomers Market is divided into four regions based on regional analysis: North America, Europe, Asia Pacific, and the Rest of the World. Because of the significant presence of major 3D printing elastomers manufacturers such as carbon Inc, and 3D printing systems in the region, North America held the greatest revenue share and is anticipated to keep it during the forecast period.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 343.89 Million|
|Market Size by 2030||US$ 2.60 Billion|
|CAGR||CAGR of 28.8% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Material (TPE, SBR, and SBS, Others)
• By Technology (FDM/FFF, SLA,SLS,Others)
• By Application (Consumer Electronics, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and research,Others)
• By Form (Powder, Filament, Liquid)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Carbon Inc, Formlabs, BASF SE, 3D Systems Inc, Stratasys Ltd, Proto Labs Inc, Henkel, Materialise NV, EOS, Dow Chemical Compan, Evonik Industries AG, Arkema SA, Sinterit, The Lubrizol Corporation, ExOne, Zortrax, HP Development Company, L.P., LANXESS, Voxeljet AG, Impossible Objects and EnvisionTEC are some of the leading players in the 3D printing elastomers market.|
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Carbon Inc (US)., Formlabs (US), BASF SE (Germany), 3D Systems Inc. (US), Stratasys Ltd.(Israel), Proto Labs Inc. (US), Henkel (Germany), Materialise NV (Belgium), EOS (Germany), Dow Chemical Company(US) Evonik Industries AG (Germany), Arkema SA (France), Sinterit (Germany), The Lubrizol Corporation (US), ExOne (US), Zortrax (Poland), HP Development Company, L.P. (US), LANXESS (Germany), Voxeljet AG (Germany), Impossible Objects (US), and EnvisionTEC (Germany) are some of the leading players in the 3D printing elastomers market.
Ans: The High cost of Materials are the restraints for Global 3D Printing Elastomers Market
Ans: Secondary type of research done by this reports.
Ans: The market for 3D printing elastomers is expected to be worth USD 282 million in 2022 and USD 1303 million by 2028, with a CAGR of 29.0% from 2022 to 2028.
Table of Content
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. 3D Printing Elastomers Market Segmentation, By Material
8.1 TPE (Thermoplastic Elastomer)
8.2 SBR (Styrene-Butadiene Rubber) & SBS (Styrene-Butadiene Styrene)
9. 3D Printing Elastomers Market Segmentation, By Technology
10. 3D Printing Elastomers Market Segmentation, By Application
10.1 Consumer Electronics
10.7 Education and research
11. 3D Printing Elastomers Market Segmentation, By Form
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Carbon Inc
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.3 BASF SE
13.4 3D Systems Inc.
13.4 Stratasys Ltd
13.5 Proto Labs Inc.
13.7 Materialise NV
13.9 Dow Chemical Company
13.10 Evonik Industries AG
13.11 Arkema SA
13.13 The Lubrizol Corporation
13.13 HP Development Compan.
13.17 Voxeljet AG
13.18 Impossible Objects
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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